Danish pharmaceutical company Novo Nordisk — best known for its blockbuster weight-loss drugs Ozempic and Wegovy — has signed ...

Additionally, the company announced an exclusive $1.8 billion license agreement with The United Laboratories for UBT251, a triple receptor agonist targeting GLP-1, GIP, and glucagon. The company also ...

BMO maintains Novo Nordisk stock Outperform rating, $105 target ...

The company agreed to pay up to $2 billion for the rights to UBT251, a developmental weight-loss and obesity drug from Chinese pharmaceutical company United Bio-Technology (Hengqin), as it looks ...

A lot went wrong for Novo Nordisk A/S in the last six months, and a lot went right for competitor Eli Lilly. Novo Nordisk's competitive positioning in the obesity market has worsened, but I ...

It will also pay $200 million for United Biotechnology’s UBT251, a triple agonist for GLP-1, glucose-dependent insulinotropic polypeptide, and glucagon receptors.—LAURA HOWES Circular ...

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Here’s how to get started with as little as $10 The new drug in question, UBT251, is a next-generation therapy designed to tackle obesity and type 2 diabetes by targeting three key hormones ...

This decision gains significance as Novo Nordisk enters a licensing agreement for a similar drug, UBT251, potentially validating Eli Lilly’s approach. Jefferies also affirmed a Buy rating with a ...

Novo Nordisk (NYSE: NVO) just struck a big deal with a Chinese drugmaker, The United Laboratories International Holdings Limited, to license a new weight-loss and diabetes drug, UBT251 (4).

But with UBT251 still in early-stage trials, Lilly's blockbuster could hit the market first, leaving Novo Nordisk playing catch-up. Novo Nordisk's weight loss empire is facing pressure on multiple ...